INTERIM FINANCIAL REPORT

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Geraldine Arnold
6 years ago
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1 (Stock Code: 3124) (Stock Code: 3134) (Stock Code: 3175) INTERIM FINANCIAL REPORT 2016

2 Contents Page(s) Investment portfolio (unaudited) 1 Statement of movements in portfolio holdings (unaudited) 4 Statement of assets and liabilities 7 Distribution disclosure 10 Performance of the underlying index and the sub-funds (unaudited) 11 Underlying index constituent stocks disclosure (unaudited) 12 Management and administration 13

3 Investment portfolio as at 30 September 2016 (unaudited) Bank deposits Bank deposit maturity date Market value % of total net assets attributable to unitholders Bank of China (Hong Kong) Limited 14 November ,000, Total bank deposits 30,000, Futures contracts Last Trading Date Hang Seng 1016 HIV6 28 October 2016 (343,850) (0.72) Total futures contracts (343,850) (0.72) Total investments 29,656, Other net assets 18,056, Net assets attributable to unitholders 47,712,

4 Investment portfolio as at 30 September 2016 (unaudited) (continued) Bank deposits Bank deposit maturity date Market value % of total net assets attributable to unitholders Bank of China (Hong Kong) Limited 20 February ,246, Bank of China (Hong Kong) Limited 14 November ,246, Total bank deposits 162,492, Futures contracts Last Trading Date Hang Seng 1016 HIV6 28 October 2016 (1,585,300) (0.71) Total futures contracts (1,585,300) (0.71) Total investments 160,907, Other net assets 59,860, Net assets attributable to unitholders 220,767,

5 Investment portfolio as at 30 September 2016 (unaudited) (continued) Bank deposits Bank deposit maturity date Market value % of total net assets attributable to unitholders Hong Kong Shanghai Banking Corporation 26 October ,000, Hong Kong Shanghai Banking Corporation 28 October ,000, Hong Kong Shanghai Banking Corporation 31 October ,000, Total bank deposits 74,000, Futures contracts Last Trading Date WTI CR FT 1116.CLX6 20 October ,368, Total futures contracts 4,368, Total investments 78,368, Other net assets 26,347, Net assets attributable to unitholders 104,716,

6 Statement of movements in portfolio holdings (unaudited) for the period from 1 April 2016 to 30 September 2016 Investments Fixed deposits Holdings as at 1 April 2016 Additions Disposals Holdings as at 30 September 2016 Bank of China (Hong Kong) Limited 30,000, ,000,000 Futures contracts Hang Seng Index Future 28/04/ (40) - Hang Seng Index Future 30/05/ (40) - Hang Seng Index Future 29/06/ (40) - Hang Seng Index Future 28/07/ (40) - Hang Seng Index Future 30/08/ (40) - Hang Seng Index Future 29/09/ (40) - Hang Seng Index Future 28/10/

7 Statement of movements in portfolio holdings (unaudited) for the period from 1 April 2016 to 30 September 2016 (continued) Investments Fixed deposits Holdings as at 1 April 2016 Additions Disposals Holdings as at 30 September 2016 Bank of China (Hong Kong) Limited RMB130,000,000 RMB10,000,000 - RMB140,000,000 Futures contracts Hang Seng Index Future 28/04/ (195) - Hang Seng Index Future 30/05/ (196) - Hang Seng Index Future 29/06/ (197) - Hang Seng Index Future 28/07/ (194) - Hang Seng Index Future 30/08/ (195) - Hang Seng Index Future 29/09/ (193) - Hang Seng Index Future 28/10/

8 Statement of movements in portfolio holdings (unaudited) for the period from 27 April 2016 (date of commencement of operations) to 30 September 2016 (continued) Investments Fixed deposits Holdings as at 27 April 2016 (date of commencement of operations) Additions Disposals Holdings as at 30 September 2016 Hong Kong Shanghai Banking Corporation - 74,000,000-74,000,000 Futures contracts WTI Crude Oil Future 20/05/ (408) - WTI Crude Oil Future 21/06/ (402) - WTI Crude Oil Future 20/07/ (396) - WTI Crude Oil Future 22/08/ (292) - WTI Crude Oil Future 20/09/ (287) - WTI Crude Oil Future 20/10/

9 Statement of assets and liabilities at 30 September 2016 Assets As at As at 30 September March 2016 Investments 29,656,150 30,800,050 Interest receivables 210,495 56,786 Margin cash at broker 3,415,631 4,618,379 Cash and cash equivalents 14,544,967 6,633,935 Total assets 47,827,243 42,109, Liabilities Management fee payable 4,731 4,333 Trustee fee payable 4,731 4,333 Accrued expenses and other payable 105, ,199 Total liabilities 114, , Net assets attributable to unitholders 47,712,320 41,897,285 Representing: Total equity 47,712,320 41,897,285 Total number of units in issue 4,000,000 4,000,000 Net asset value per unit

10 Statement of assets and liabilities at 30 September 2016 Assets As at As at 30 September March 2016 Investments 160,907, ,675,544 Interest receivables 1,480,308 1,062,638 Margin cash at broker 19,980,711 16,122,586 Cash and cash equivalents 38,699,744 27,717,975 Total assets 221,068, ,578, Liabilities Management fee payable 120, ,212 Trustee fee payable 73,180 75,619 Accrued expenses and other payable 106, ,665 Total liabilities 300, , Net assets attributable to unitholders 220,767, ,209,247 Representing: Total equity 220,767, ,209,247 Total number of units in issue 19,500,000 20,000,000 Net asset value per unit

11 Statement of assets and liabilities at 30 September 2016 Assets As at 30 September 2016 Investments 78,368,565 Interest receivables 8,944 Margin cash at broker 4,068,584 Cash and cash equivalents 23,778,815 Total assets 106,224, Liabilities Management fee payable 53,399 Trustee fee payable 9,858 Accrued expenses and other payable 1,445,490 Total liabilities 1,508, Net assets attributable to unitholders 104,716,161 ========== Representing: Total equity 104,716,161 ========== Total number of units in issue 9,000,000 ========== Net asset value per unit ========== 9

12 Distributions disclosure Date of Date of Distribution Total Ex-distribution Payment per Unit Distribution HKD HKD For the period from 1 April 2016 to 30 September 2016 Interim distribution Interim distribution For the period from 27 April 2016 (date of commencement of operations) to 30 September 2016) Interim distribution

13 Performance of the Underlying Index and the Sub-Funds (Unaudited) for the period from 1 April 2016 to 30 September 2016 Performance % Fund * 13.88% * 10.88% Index Hang Seng Index Futures Index # 14.75% Hang Seng Index Futures RMB FX Index # 11.15% for the period from 27 April 2016 (date of commencement of operations) to 30 September 2016 Performance % Fund * (1.89)% Index S&P GSCI Crude oil Index Excess Return # (1.14)% Source: Unit-prices are provided by HSBC Institutional Trust Services (Asia) Limited. The performance information of the, Samsung HSI Futures RMB FX ETF and are provided by the Manager. Index information is provided by Hang Seng Indexes Company Limited for Samsung HSI Futures ETF and and S&P Dow Jones Indices (S&P) provides for. * Performance is calculated in base currency with Unit-price to Unit-price, total return with dividend (if any) reinvested. The performance information presented is calculated based on the assumption that there were no distribution to Unitholders, and is for reference only. # Performance is calculated in total return with dividend reinvested. Investors should note that all investment involves risks (including the possibility of loss of the capital invested), prices of fund units may go up as well as down and past performance is not indicative of future performance. Investors should read the relevant fund s offering documents (including the full text of the risk factors stated therein) in detail before making any investment decision. 11

14 (Sub-funds of Samsung ETFS Trust) Underlying Index Constituent Stocks Disclosure As at 30 September 2016 The following are those constituent stocks that accounted for more than 10% of the weighting of the Hang Seng Index Futures Index, Hang Seng Index Futures RMB FX Index and S&P GSCI Crude oil Index Excess Return. Hang Seng Index Futures Index Constituent Stock Weighting of the Index (%) Hang Seng Index Futures Oct % Hang Seng Index Futures RMB FX Index Constituent Stock Weighting of the Index (%) Hang Seng Index Futures Oct % S&P GSCI Crude Oil Index Excess Return Constituent Stock Weighting of the Index (%) WTI Crude Oil Futures Nov % 12

15 (Sub-funds of Samsung ETFS Trust) Management and Administration Manager Directors of the Manager Samsung Asset Management LIM Sungil, CFA (Hong Kong) Limited KIM Yousang , Two International Finance Centre HONG Eui Suk 8 Finance Street Central Hong Kong Investment Adviser Service Agent Samsung Asset Management Co., Limited HK Conversion Agency Services Limited 55 Sejong-daero 1/F One & Two Exchange Square Jung-gu 8 Connaught Place Central Seoul Hong Kong South Korea Trustee and Registrar Listing Agent HSBC Institutional Trust Services (Asia) Altus Capital Limited Limited 21 Wing Wo Street 1 Queen s Road Central Central Hong Kong Hong Kong Auditor Participating Dealers KPMG China Merchants Securities (HK) Co., Ltd 8th Floor, Prince s Building 48/F, One Exchange Square 10 Chater Road Central Central Hong Kong Hong Kong Merrill Lynch Far East Ltd 55/F, Cheung Kong Center 2 Queen's Road Central Central Hong Kong 13

KODEX HSI FUTURES ETF (HKD Counter Stock Code: 03124) KODEX HSI FUTURES RMB FX ETF (HKD Counter Stock Code: 03134) SUB-FUNDS OF SAMSUNG ETFs TRUST

KODEX HSI FUTURES ETF (HKD Counter Stock Code: 03124) KODEX HSI FUTURES RMB FX ETF (HKD Counter Stock Code: 03134) SUB-FUNDS OF SAMSUNG ETFs TRUST INTERIM FINANCIAL REPORT 2015 Contents 1 Investment Portfolio